STRA Q3 2025 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena

STRAStrategic Education, Inc.

$2B

Q3 2025 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$320M+4.6% YoY

Gross Profit

$157M49.1% margin

Operating Income

$37M11.6% margin

Net Income

$27M8.3% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$49M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$456M

Stockholders' Equity

$1.7B

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$320M	$306M	+4.6%
Gross Profit	$157M	$143M	+9.7%
Operating Income	$37M	$36M	+2.0%
Net Income	$27M	$28M	-4.0%

Revenue Segments

U.S. Higher Education Segment

$213M67%

Australia/New Zealand Segment

$69M21%

Education Technology Services

$38M12%

Geographic Segments

Australia/New Zealand Segment

$69M100%